Funding you earn now, next payment 08:00 UTC−0.0045%/8h= −4.9% APRpaid last 24h −0.114%
Price spread now: Injective against Bybit+5.847%78s7-day average −5.103% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.359%−$36 on $10k
+Price spread, last 4 days (all we have)−8.281%−$828 · spread now +5.847%, 7d avg −5.103%
=The price spread pays, funding is against you. Injective is 10.951% dearer against Bybit than usual: you sell high and buy low (spread +5.847% now, against its 7-day average of −5.103%): +$1,095 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about years. At the pace of the last 7 days (−0.359% in total) that is about 7 months. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NFLXUSDT | 73.880 | 0.0265 | pay 0.0265% / 8h | 49m 59s | $1.3M | $890K | 50x |
| Short | Injective NFLX/USDC PERP | 78.200 | 0.0220 | get 0.0028% / 1h | 49m 59s | $87K | $114K | 12x |
Bybit NFLXUSDT
Injective NFLX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.38
- Price spread: +5.847% → −5.103%
- $1,095.06
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1,074.66
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 1 min ago; Injective: live order book, 54 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 4.74 bp | 23.0 bp −$23 | 139.1 bp −$1,391 | doesn't fit | doesn't fit |
| Sell Injective live order book, 54 min ago | 43.52 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
NFLX on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NFLXUSDT | 0.0000% | 8h | 73.872 | −0.010% | $11K | $5K | 20x | as long as short |
| OKX NFLX-USDT-SWAP | 0.0000% | 8h | 73.830 | −0.068% | $876K | $831K | 20x | as long as short |
| QFEX NFLX-USD | 0.0000% | 1h | 73.780 | −0.135% | $1.1M | $1.4M | 10x | as long as short |
| Bitget NFLXUSDT | 0.0000% | 8h | 73.900 | +0.027% | $4.2M | $595K | 50x | as long as short |
| SunX NFLX-USDT | 0.0000% | 8h | 73.861 | −0.026% | $1K | $4.6M | 10x | as long as short |
| HTX NFLX-USDT | 0.0000% | 8h | 73.882 | +0.003% | $10K | $52K | 20x | as long as short |
| Phemex NFLXUSDT | 0.0000% | 8h | 73.880 | 0.000% | $1.4M | $348K | 10x | as long as short |
| Gate NFLX_USDT | +0.0028% | 8h | 73.910 | +0.041% | $1.4M | $1.2M | 25x | as long as short |
| Vest NFLX-USD-PERP | +0.0046% | 1h | 73.800 | −0.108% | — | $21K | 25x | as long as short |
| Extended NFLX-USD | +0.0048% | 1h | 73.782 | −0.133% | $12K | $19K | 10x | as long as short |
Aster NFLXUSDT
OKX NFLX-USDT-SWAP
QFEX NFLX-USD
Bitget NFLXUSDT
SunX NFLX-USDT
HTX NFLX-USDT
Phemex NFLXUSDT
Gate NFLX_USDT
Vest NFLX-USD-PERP
Extended NFLX-USDShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:NFLX | +0.0050% | 1h | 73.789 | −0.123% | $5.0M | $3.0M | 10x | as long as short |
| Ondo Perps NFLX-USD.P | +0.0050% | 1h | 73.750 | −0.176% | $66K | $141K | 10x | as long as short |
| KuCoin NFLXUSDTM | +0.0100% | 8h | 73.810 | −0.095% | $152K | $38K | 20x | as long as short |
| Aevo NFLX-PERP | +0.0104% | 1h | 73.865 | −0.020% | $226 | — | 10x | as long as short |
| Variational Omni NFLX | +0.0117% | 8h | 73.851 | −0.039% | $83K | $140K | — | as long as short |
| Binance NFLXUSDT | +0.0124% | 8h | 73.874 | −0.008% | $5.4M | $5.7M | 20x | as long as short |
| GRVT NFLX_USDT_Perp | +0.0199% | 8h | 73.840 | −0.054% | $377 | $137K | 10x | as long as short |
| Injective NFLX/USDC PERPshort | +0.0220% | 1h | 78.200 | +5.847% | $87K | $114K | 12x | |
| BloFin NFLX-USDT | +0.0244% | 8h | 73.890 | +0.014% | $47K | $81K | 20x | as long as short |
| Phoenix NFLX | +0.0249% | 1h | 73.833 | −0.064% | $12K | $77K | 10x | as long as short |
| Bybit NFLXUSDTlong | +0.0265% | 8h | 73.880 | long leg | $1.3M | $890K | 50x |
tradeXYZ xyz:NFLX
Ondo Perps NFLX-USD.P
KuCoin NFLXUSDTM
Aevo NFLX-PERP
Variational Omni NFLX
Binance NFLXUSDT
GRVT NFLX_USDT_Perp
BloFin NFLX-USDT
Phoenix NFLX